Energold made an application to the securities commissions under National Policy 12-203 -- Cease Trade Orders for Continuous Disclosure Defaults ('NP 12-203') requesting that a MCTO
be imposed in respect of the late filing, rather than a cease-trade order prohibiting trading in all of the Company's securities.
As previously announced on July 30, 2019, the application for the MCTO
was made by the Company due to a delay in the filing of its audited annual financial statements.
will stay in effect until the Interim Filings are completed and the Company will continue to issue bi-weekly default status reports as required; and (d) The Company is continuing to consider alternatives to try and get Tethys past the current financial challenges and hopes to be able to present a plan to shareholders within the near future.
 discovered MAFB mutation responsible for MCTO
in 11 patients.
Stans Energy Corp (TSX-V:HRE) (OTCQX:HREEF), a resource development company, stated on Friday that further to its application for a Management Cease Trade Order (MCTO
) dated 28 November 2013 , a temporary MCTO
of the Ontario Securities Commission (the Commission) was issued on 9 December 2013.
MCTR and MCTO
thresholds and objectives could be specified in the capability needs documentation, such as the Initial Capabilities Document, Capability Development Document, and Capability Production Document.
In addition, reductions in federal dollars and limited state funding have forced staff layoffs at MCTO
, along with service cuts and fare increases.
These statements include, but are not limited to, statements with respect to proposed restructuring activities, the exploration of strategic alternatives, the timeline for the finalization and filing of the Interim Financial Statements, the request for an MCTO
and its effects if granted and the issuance of bi-weekly status reports in satisfaction of NP 12-203.
will prohibit the Chief Executive Officer, Chief Financial Officer, members of the board of directors, or other persons who had or may have access to material information that has not been publicly disclosed from trading in securities of the Company for so long as the annual filings are not filed.
Stans Energy Corp (TSX-V:HRE) (OTCQX:HREEF), a resource development company focused on Heavy Rare Earth (HRE) properties, disclosed on Friday that further to its application of 28 November 2013 for a Management Cease Trade Order (MCTO
), a temporary MCTO
was issued on 9 December 2013, from the Ontario Securities Commission (the Commission).
During the MCTO
, the general investing public will continue to be able to trade in the Company's listed common shares.
prohibits all trading in and all acquisitions of the securities of the Company, whether direct or indirect, by Simeon Tshisangama, Chief Executive Officer, and Daniel Gregory, Chief Financial Officer, until two full business days following the receipt by the BCSC of the Company's audited annual consolidated financial statements as at and for the financial year ended May 31, 2016 ("Annual Financial"), related management discussion and analysis ("MD&A") and applicable officer certifications (collectively, the "Annual Financial Materials"), or as further ordered by the BCSC.